May 12, 2016
Pershing Square's Total Return Approaches Negative Territory
The steep loss brings the return on Ackman's fund to just 0.2%, net of fees, since its December 2012 launch vs. a 55.2% return in the broader S&P 500.
It's exactly like investing in treasury bills, but you get a much wilder ride! Woohoo!
All green of skin... 800 centuries ago, their bodily fluids include the birth of half-breeds. For the fundamental truth self-determination of the cosmos, for dark is the suede that mows like a harvest. - Martian Translator Device
The Market Ticker - Maybe The Snowflakes Are Right? - *What if "Pajama Boy" is right?* GDP came in pretty punky this morning, and a big part of it was consumption -- consumer spending. Much has been said, i...
2 hours ago